reuters survey has it at a 60% chance for QE3 @ 500 billion more in Bond purchases. however, an interesting point I'm gonna go with no QE again, I'm on a roll with that one. I may be wrong this time but either way I expect a sell off after that one.
maybe just a bit too early. In the meantime i gotta stay bull I guess until levels start breaking to the downside and fundamentals and sentiment start backing it up... with king PA.
Thanks dude. But if this aussie misses his stop by 4 pips it's either really good placement or really lucky placement, either one is fine lol i see 26. still think we can get up eventually at this point.
not that anyone gives a rats ass, but I have been busy latly with some other work and music stuff but dont think I didn't grab that euro long yesterday! lol Just not fully focused on the market and I don't like trading much when I dont have a finger on the pulse, if there is any at this point... Still waiting on the beard at JH and sept 6th Draghi and further developments on Greece, but I would think we'll be somewhat locked in a range up here until then atleast Jackson Hole. There is some decent 2600 exotics in play so that would be a target to the upside for sure especially if we put a higher low in here. The market is like a broken record with this QE shit, the one thing I've learned is you can go with it on the run up as the market starts pricing it and then square off ahead and be ready for the diapointment or at least the TP's... eur/aud covering and the China story with Iron Ore isn't helping Aussie much... but I still have some faith in her yet, even though she is sitting kinda stale under 0400 here...